Economic Architecture The Podcast
How a Powerful Idea Becomes Reality [Episode 70]
Innovation itself is rarely the whole story of how a powerful idea becomes a reality. From an Economic Architecture perspective, it takes a combination of people and institutions that recognize the potential of a new model early and can then use market forces to bring that vision to the communities and individuals who need it most. So, what does it really take for a structural innovation to move from a promising idea for improving communities and the lives of homeowners to an active force that can take hold and endure?…
Innovation itself is rarely the whole story of how a powerful idea becomes a reality. From an Economic Architecture perspective, it takes a combination of people and institutions that recognize the potential of a new model early and can then use market forces to bring that vision to the communities and individuals who need it most. So, what does it really take for a structural innovation to move from a promising idea for improving communities and the lives of homeowners to an active force that can take hold and endure?
In this week’s episode, host Stuart Yasgur continues a conversation he began with Paul Bradley. He is joined by George “Mac” McCarthy, former president of the Lincoln Institute of Land Policy, and Michael Sloss, Managing Director of ROC USA Capital, to explore how resident-owned communities are being supported across the United States and to demonstrate the potential of a new ownership model in housing that improves homeowner security through an unconventional yet highly viable financing approach.